And for the record, this is NOT a "spending cut".
That's like saying you went from a budget of $10,000 a year to one of $20,000 a year, then back to $19,000 and claiming a $1,000 "cut".
Or to put it in more easily viewable terms:
Old deficit: $1,600,000,000,000.00
New deficit: $1,570,000,000,000.00